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Cricket1016

111 Posts.

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27/09/23

06:23

Post #: 70042277
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Originally posted by crom: ↑

Hi, and I hope you are enjoying your European vacation my friend!

The Sp will definitely fall as happens with all Cr's. There is the constant misconception that the companies seeking funds are able to gain an investor who wants to own and support the stock. RUBBISH! Sophs have a never ending call on their monies from companies needing monies! They make their monies gaining huge volumes of shares that they can then trade, and influence the Sp. To invest some 50 million bucks on the hope that AUT will achieve something at least two years away (AUT has two year time frame), when they have a conga line of companies begging for money is ridiculous.

AND, to be brutally honest, companies seeking monies know this. At the end of the day they need money. Does one honestly think that a small company without production/income producing capacity, can dictate any terms when they are seeking big bucks!

There is always the pump before and then the fall. I sold a large part of my holding at 3.7c in July, as Sp leaped out of the Bollies. I have subsequent to the CR announcement sold all my holding due to the very unusual Sp strength coming into the SPP.

The way AUT has handled this has been brilliant! I really like the Acquistion. AND, there is no doubt the Sp is being kept stable/higher recently, to ensure holders apply for their full entitlements. Again brilliant! In almost every CR case the Sp falls immediately to the CR price and below, so that punters don't participate but buy on mkt. Remember, the company needs money for this acquisition, and to continue. Support for the SPP is all important. Share price afterwards is really not important for the company in the short run.

I will apply for most of my entitlement at .025, but not all. I see the Sp falling at a minimum to it's recent .022 low.

If anyone here ever reads my posts, I always suggest people should not just have a holding in the stocks they believe in, but also have a trading parcel. At the end of the day, are you buying to be a cheer squad member or to make money?

AUT has a long road ahead with plenty of opportunities for buys and sells. None of which will have any impact on the Share price long term! We are small players in this ocean.

$3 mill in the Spp for us. $50 mill for Sophs. Massive churn in Sp.

I want AUT to succeed. But I also want to make money, not wave pom poms!

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The oracle of Canberra is right again. AUT crashing as predicted and will probably get to your predicted 2.2 level in the short term before rising again.
Again congratulations for your call on AW1. It certainly filled in that gap at 20c lol.
Copper remains a very difficult commodity to predict at the moment.

AUT Price at posting: 3.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 77.5¢		Change 0.000(0.00%)		Mkt cap ! $372.5M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	25750	76.0¢

Sellers (Offers)

Price($)	Vol.	No.
77.0¢	1236	1

View Market Depth

No.	Vol.	Price($)
1	25750	0.760
3	446468	0.755
6	41816	0.750
2	10026	0.745
2	33000	0.740

Price($)	Vol.	No.
0.770	1236	1
0.775	791	1
0.780	10096	3
0.790	128162	4
0.795	32678	1

Last trade - 09.32am 25/06/2024 (20 minute delay)

FFM (ASX) Chart

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AUT Chart, page-350

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AUT Chart, page-350

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